Higher yields will continue to exist in the skilled nursing facilities space, according to appraiser Michael Baldwin. But he explains some of the new Patient Driven Payment Model (PDPM) reimbursement system’s challenges. Baldwin gives an insider’s look at appraising senior healthcare real estate in an Arbor audio interview.
This annual report takes an in-depth look at how the landscape for large multifamily investment has evolved over the past year, and where demand growth is forecasted in the year ahead in the top U.S. markets.
The Medicare and Medicaid reimbursement system implemented on October 1 will require a shift in underwriting, according to Nikki Hoffpauir. As an attorney who represents lenders in real estate transactions, she discusses what to expect with this change. Listen to our Arbor Q&A.
The current real estate cycle, hot amenities and co-working were among the key topics panelists discussed at the recent NYU School of Professional Studies Third National Symposium of Women in Real Estate held in Manhattan.
Commercial real estate collateralized loan obligations (CRE CLOs) continue to be an attractive and stable financing tool for lenders. Throughout the post-crisis era, the CRE CLO marketplace has matured, with 25 issuers now in the space and 2019 issuance set to exceed expectations.
CMS says the new Patient Driven Payment Model for government reimbursements will be budget neutral. But listen to this interview, in which an Arbor expert in senior housing and healthcare explains how there will be winners and losers.
New York City’s small multifamily inventory mostly consists of older, pre-war buildings, while large apartment buildings tend to be newer.
The small multifamily market has experienced rapid change over the course of this cycle due to improved access to capital, favorable demand and a dramatic step-up in operating efficiency. This new annual report takes a closer look at the sector’s performance by breaking out the top-50 U.S. metros into three tiers and analyzing the markets in terms of origination volume, cap rates, debt yields and more.
Small properties, while historically low in attracting renters with disabilities, are becoming more sought after for their affordability.
Our research illustrates that senior rental location preferences are strongly segmented along both age subgroups and by housing costs. Metro market size also plays a large role.
While rents in prewar buildings can compete with newer stock overall, this story varies considerably across metro areas.
When it comes to apartments, general wisdom says that the newer the building, the higher the rent. This holds true until you reach the ‘prewar’ vintage, which can approach new inventory rent rates for smaller properties.
Seniors are not a monolithic renter group, but rather have varying needs from early retirement to skilled care services. Small property operators will have to prepare for this generational demand as more seniors are choosing to rent.
The composition of the American workforce varies significantly by metro market, and can include the public sector, local serving jobs as well as younger technology workers. In this post we’ll take a look at how small properties service the housing needs of the workforce in different cities.